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Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space.…
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May…
The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6.…
Five days ago, the total value locked (TVL) in decentralized finance (defi) protocols exceeded the $80 billion mark, and since that point, it has expanded by an additional $11.66 billion.…
The POSA updated its staking principles to say that providers should communicate clearly and should not control the amount of liquidity a user must provide.
LidoDAO took control of the deployment for a wrapped version of its flagship token, stETH, on Base.
Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router issued a joint statement criticizing the new token.
The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields.
The Lido on Solana project will wind down following the inability of the P2P team to sustain the project due to financial constraints. According to the team, the sunsetting of…
Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting.